bulk annuity

Update marks one fifth of the way to the total pledged by the industry

Transaction secures the benefits of 87 members of the scheme

Transaction secures the benefits of 16,400 scheme members

Transaction secures the benefits of 540 pensioners and 1,050 deferred members

Insurer’s proposition provides potential upside for members from discretionary bonus payments

Consultation comes amid developments in the bulk annuity market

The full scheme transaction secures the benefits of 240 members

Transaction secures the benefits of 14 deferred and 34 pensioner members

Transaction secures the benefits of 500 pensioner and deferred members

Transaction secures the benefits of all 2,361 scheme members